European Space Agency: an Overview of the Legal Frame
Journal Title: Advanced Space Law - Year 2019, Vol 3, Issue
Abstract
The article includes a legal analysis of the issue concerning relations in the space area. Speaking more clearly, it regards legal regulating of the European Space Agency. This article summarizes the history of the formation of the European Space Agency, provides its definition and outlines guiding principles of work and regulation in the European Space Agency. The article provides answers to such questions as: What does ESA do? Where is ESA located? Who are the staff of ESA? Who belongs to ESA? Where do ESA’s funds come from? How does ESA operate? What are the main principles of work of its governing bodies? In accordance with the Convention, the Director-General of the European Space Agency is the highest official person of the European Space Agency, therefore, we pointed out the leading tasks and duties of this person, and highlighted in which way the Director-General is elected and appointed, what is his responsibility in case of non-fulfillment of his powers, etc. In addition, the basic provisions of the Convention, which contain special provisions relating to finance, are reviewed in the article. In view of this, it has been established that a leading position in financial management supports the implementation of the long-term European space policy approved by the Council. We also determined that the Agency is required to apply internationally recognized accounting standards and adhere to the principles of financial management, economy and planning effectiveness in order to effectively develop this industry. Using historical methods and methods of systematization the authors came to the conclusion that this organization will have a great future in its various aspects and manifestations. Consequently, the key issue for today is the task of improving the ESA regulation system.
Authors and Affiliations
Inessa Kostenko
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